Nasdaq-listed Mangoceuticals plans to launch a $100 million SOL digital asset treasury

Jinse Finance reported that Nasdaq-listed company Mangoceuticals announced the establishment of a subsidiary, Mango DAT, in cooperation with Cube Group, to advance the strategy of building a SOL digital asset treasury (DAT) with a scale of 100 million USD. The related funds will be raised through an ATM financing plan and the sale of common stock. It is reported that the company has also submitted a trademark application for "MULTI-DAT" to the United States Patent and Trademark Office to implement a series of strategic digital asset and DeFi initiatives.